Prudential (PRU)

Company name:	Prudential Plc
Company Description:	A group engaged in the provision of financial services in the UK; the US and Asia
EPIC:	PRU	Trading Currency:	GBX
Market Sector:	FE10	ISIN:	GB0007099541
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.prudential.co.uk/	Description:	ORD 5P
Industry Sector:	LIFE INSURANCE

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
1,476.00	8.5 [0.58]	1,482.50	1,483.50	1,475.00	1,487.00	1,440.50	6,636,977
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
38,344.93	2,597.89	0.55	116.90	48.17	12.63	3.26	1,795.00 - 1,299.50

Prudential Key Figures

(at previous day's close)
Market Cap.	38,344.93	m
Shares In Issue	2,597.89	m
Prev. Close	1,467.50
PE Ratio	12.63
Dividend Yield	3.26	%
EPS - basic	116.90	p
Dividend PS	48.17	p
Dividend Cover	2.43
Cash Flow PS	94.85	p
Return On Equity (ROE)	17.45	%
Operating Margin	14.58	%
PEG Factor	0.49
EPS Growth Rate	25.56	%
Dividends PS Growth Rate	2.49	%
Net Debt	479,253.00	m
Gross Gearing	96.61	%
Quick Assets	73,711.00	m
Net Working Capital	-	m
Intangibles / Fixed Assets	3.17	%
Turnover PS	959.66	p
Pre-Tax Profit PS	139.92	p
Retained Profit PS	67.98	p
Cash PS	466.72	p
Net Cash PS	466.72	p
Net Tangible Asset Value PS *	133.53	p
Net Asset Value PS	664.65	p
Spread	1.00 (0.07%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Prudential Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	1,515.50	1,381.50
4 weeks	1,515.50	1,349.50
12 weeks	1,749.50	1,299.50
1 year	1,795.00	1,299.50

Share Price Chart (5 years)

Prudential Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	1,406.00	70.00	4.98	1,381.50	9.06		1,458.91
4 weeks	1,470.00	6.00	0.41	1,349.50	7.28		1,440.27
12 weeks	1,725.50	-249.50	-14.46	1,299.50	6.62		1,462.89
26 weeks	1,677.50	-201.50	-12.01	1,299.50	5.59		1,557.65
1 year	1,581.50	-105.50	-6.67	1,299.50	5.63		1,539.13
3 years	1,381.50	94.50	6.84	1,290.00	5.15		1,665.30
5 years	1,386.50	89.50	6.46	1,085.00	4.97		1,577.01
† periods calculated are whole weeks rather than calendar months

Prudential Key Management Ratios

Prudential Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	15.95
PE Ratio	12.63
Tobin's Q Ratio	0.08
Tobin's Q Ratio (excl. intangibles)	0.08
Dividend Yield	3.26	%
Market-to-Book Ratio	2.22
Price-to-Pre-Tax Profit PS	10.55
Price-to-Retained Profit PS	21.71
Price-to-Cash Flow PS	15.56
Price-to-Sales PS	1.54
Price-to-Net Tangible Asset Value PS	11.00
Price-to-Cash PS	3.16
Net Working Capital PS	-
Price Pct to Working Capital PS	-	%
Earnings Yield	7.92	%
Average PE	17.28
Years in average	5
PE to PE average	73.08	%

Prudential Financial Ratios

(Leverage Ratios)
Debt Ratio	96.61	%
Debt-to-Equity Ratio	28.46
Debt-to-Equity Ratio (excl. Intgbl)	140.92
Debt-to-Equity Market Value	12.81
Net Gearing	94.22	%
Net Gearing (excl. Intangibles)	96.85	%
Gross Gearing	96.61	%
Gross Gearing (excl. Intangibles)	99.30	%
Gearing Under 1 Year	-	%
Gearing Under 1 Year (excl. Intgbl)	-	%
Assets/Equity	29.46
Cash/Equity	70.22
(Liquidity Ratios)
Net Working Capital to Total Assets	14.49	%
Current Ratio	-
Quick Ratio (Acid Test)	-
Liquidity Ratio	-
Cash & Equiv/Current Assets	16.45	%
(Solvency Ratios)
Enterprise Value	517,615.93	m
CFO/Sales	0.10
CFO/Attributable Profit	0.82
CFO/Assets	0.00
CFO/Debt	0.01
Total Debt/Equity Market Value	12.81
Total Debt/Sales	19.71
Total Debt/Pre-Tax Profit	135.18
Total Debt	491,378.00	m
Total Debt/Net Current Assets	6.67	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	15.94	%
5 yr Compound Earnings Growth	6.11	%
10 yr Compound Earnings Growth	15.78	%
Earn drops > 5% in 10yrs	6

Beta (60-Mnth)	Beta (36-Mnth)
0.5463	0.8246

Prudential Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	0.71	%
Return On Assets (ROA)	0.60	%
Net Profit Margin	12.07	%
Assets Turnover	0.05
Return On Equity (ROE)	17.45	%
Return On Investment (ROI)	0.60	%
Dividend Payout Ratio	41.21	%
Plowback Ratio	58.79	%
Growth from Plowback Ratio	10.62	%
Net Income Of Revenues	7.08	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.50
Fixed Assets Turnover	0.06
Current Assets Turnover	0.38
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	20.11
Debtors-to-Sales	196.22	%
Debt Collection Period	716.19	Days

Prudential Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
14 Aug 2019	Interim	GBX	16.45	31/12/2018	31/12/2019	12/08/2019	13/08/2019	26/09/2019	-
13 Mar 2019	Interim	GBX	32.50	31/12/2017	31/12/2018	28/03/2019	29/03/2019	17/05/2019	48.17
08 Aug 2018	Interim	GBX	15.67	31/12/2017	31/12/2018	23/08/2018	24/08/2018	27/09/2018	-
14 Mar 2018	Interim	GBX	32.50	31/12/2016	31/12/2017	29/03/2018	03/04/2018	18/05/2018	47.00
10 Aug 2017	Interim	GBX	14.50	31/12/2016	31/12/2017	24/08/2017	25/08/2017	28/09/2017	-
14 Mar 2017	Interim	GBX	30.57	31/12/2015	31/12/2016	30/03/2017	31/03/2017	19/05/2017	43.50
10 Aug 2016	Interim	GBX	12.93	31/12/2015	31/12/2016	25/08/2016	26/08/2016	29/09/2016	-
09 Mar 2016	Final	GBX	26.47	31/12/2014	31/12/2015	24/03/2016	29/03/2016	20/05/2016	48.78
09 Mar 2016	Special	GBX	10.00	31/12/2014	31/12/2015	24/03/2016	29/03/2016	20/05/2016	-
11 Aug 2015	Interim	GBX	12.31	31/12/2014	31/12/2015	20/08/2015	21/08/2015	24/09/2015	-
10 Mar 2015	Final	GBX	25.74	31/12/2013	31/12/2014	26/03/2015	27/03/2015	21/05/2015	36.93
12 Aug 2014	Interim	GBX	11.19	31/12/2013	31/12/2014	20/08/2014	22/08/2014	25/09/2014	-
12 Mar 2014	Final	GBX	23.84	31/12/2012	31/12/2013	26/03/2014	28/03/2014	22/05/2014	33.57
12 Aug 2013	Interim	GBX	9.73	31/12/2012	31/12/2013	21/08/2013	23/08/2013	26/09/2013	-
13 Mar 2013	Final	GBX	20.79	31/12/2011	31/12/2012	27/03/2013	02/04/2013	23/05/2013	29.19
10 Aug 2012	Interim	GBX	8.40	31/12/2011	31/12/2012	22/08/2012	24/08/2012	27/09/2012	-
13 Mar 2012	Final	GBX	17.24	31/12/2010	31/12/2011	28/03/2012	30/03/2012	24/05/2012	25.19
05 Aug 2011	Interim	GBX	7.95	31/12/2010	31/12/2011	17/08/2011	19/08/2011	22/09/2011	-
09 Mar 2011	Final	GBX	17.24	31/12/2009	31/12/2010	30/03/2011	01/04/2011	26/05/2011	23.85
12 Aug 2010	Interim	GBX	6.61	31/12/2009	31/12/2010	18/08/2010	20/08/2010	23/09/2010	-
10 Mar 2010	Final	GBX	12.91	31/12/2008	31/12/2009	07/04/2010	09/04/2010	27/05/2010	19.20
26 Aug 2009	Interim	GBX	6.29	30/12/2008	30/06/2009	19/08/2009	21/08/2009	24/09/2009	-
19 Mar 2009	Final	GBX	12.91	31/12/2007	31/12/2008	12/04/2009	14/04/2009	22/05/2009	18.99
31 Jul 2008	Interim	GBX	5.99	30/12/2007	30/06/2008	13/08/2008	15/08/2008	23/09/2008	-
14 Mar 2008	Final	GBX	12.30	31/12/2006	31/12/2007	09/04/2008	11/04/2008	20/05/2008	18.00
01 Aug 2007	Interim	GBX	5.70	30/12/2006	30/06/2007	15/08/2007	17/08/2007	24/09/2007	-
15 Mar 2007	Final	GBX	11.72	31/12/2005	31/12/2006	11/04/2007	13/04/2007	22/05/2007	17.14
28 Jul 2006	Interim	GBX	5.42	30/12/2005	30/06/2006	16/08/2006	18/08/2006	27/10/2006	-
16 Mar 2006	Final	GBX	11.02	31/12/2004	31/12/2005	22/03/2006	24/03/2006	26/05/2006	16.32
27 Jul 2005	Interim	GBX	5.30	30/12/2004	30/06/2005	17/08/2005	19/08/2005	28/10/2005	-
02 Mar 2005	Final	GBX	10.65	31/12/2003	31/12/2004	16/03/2005	18/03/2005	25/05/2005	15.84
27 Jul 2004	Interim	GBX	5.19	30/12/2003	30/06/2004	18/08/2004	20/08/2004	29/10/2004	-
23 Feb 2004	Final	GBX	10.70	31/12/2002	31/12/2003	17/03/2004	19/03/2004	26/05/2004	16.00
29 Jul 2003	Interim	GBX	5.30	30/12/2002	30/06/2003	20/08/2003	22/08/2003	31/10/2003	-
24 Feb 2003	Final	GBX	17.10	31/12/2001	31/12/2002	19/03/2003	21/03/2003	28/05/2003	26.00
24 Jul 2002	Interim	GBX	8.90	30/12/2001	30/06/2002	11/09/2002	13/09/2002	28/11/2002	-
26 Feb 2002	Final	GBX	16.70	31/12/2000	31/12/2001	20/03/2002	22/03/2002	29/05/2002	25.40
26 Jul 2001	Interim	GBX	8.70	30/12/2000	30/06/2001	19/09/2001	21/09/2001	29/11/2001	-
22 Feb 2001	Final	GBX	16.30	31/12/1999	31/12/2000	28/03/2001	30/03/2001	30/05/2001	24.50
27 Jul 2000	Interim	GBX	8.20	30/12/1999	30/06/2000	18/09/2000	22/09/2000	30/11/2000	-
23 Feb 2000	Final	GBX	15.30	31/12/1998	31/12/1999	27/03/2000	31/03/2000	31/05/2000	23.00
29 Jul 1999	Interim	GBX	7.70	30/12/1998	30/06/1999	20/09/1999	24/09/1999	25/11/1999	-
24 Feb 1999	Final	GBX	14.00	31/12/1997	31/12/1998	22/03/1999	26/03/1999	26/05/1999	21.00
30 Jul 1998	Interim	GBX	7.00	30/12/1997	30/06/1998	21/09/1998	25/09/1998	26/11/1998	-
25 Feb 1998	Final	GBX	12.70	31/12/1996	31/12/1997	-	27/03/1998	27/05/1998	19.10

Prudential Fundamentals

	31 Dec 2015 (GBP)		31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)
turnover	41,305.00	100.00%	71,842.00	100.00%	86,562.00	100.00%	24,931.00	100.00%	m
pre tax profit	3,321.00	8.04%	2,275.00	3.17%	3,296.00	3.81%	3,635.00	14.58%	m
attributable profit	3,148.00	7.62%	1,921.00	2.67%	2,389.00	2.76%	3,010.00	12.07%	m
retained profit	2,174.00	5.26%	654.00	0.91%	1,230.00	1.42%	1,766.00	7.08%	m
eps - basic (p)	101.00		75.00		93.10		116.90
eps - diluted (p)	100.90		75.00		93.00		116.80
dividends per share	48.78		43.50		47.00		48.17

Prudential Balance Sheet

	31 Dec 2015 (GBP)		31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)


	31 Dec 2015 (GBP)		31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)
ASSETS
fixed assets	1,197.00	0.31%	743.00	0.16%	789.00	0.16%	1,409.00	0.28%	m
intangibles	10,120.00	2.62%	12,435.00	2.64%	12,493.00	2.53%	13,780.00	2.71%	m
fixed investments	334,836.01	86.52%	409,136.01	86.96%	423,101.01	85.66%	419,745.01	82.52%	m
current assets - other	2.00	0.00%	4,589.00	0.98%	38.00	0.01%	10,578.00	2.08%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	33,048.00	8.54%	33,530.00	7.13%	46,830.00	9.48%	51,008.00	10.03%	m
cash & securities	7,782.00	2.01%	10,065.00	2.14%	10,690.00	2.16%	12,125.00	2.38%	m

TOTAL	386,985.01	100%	470,498.01	100%	493,941.00	100%	508,645.00	100%	m

LIABILITIES
creditors - short	-	-%	-	-%	-	-%	-	-%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	109,258.00	28.23%	139,395.01	29.63%	149,675.00	30.30%	168,712.00	33.17%	m
subordinated loans	4,018.00	1.04%	-	-%	-	-%	-	-%	m
insurance funds	260,753.00	67.38%	316,435.99	67.26%	328,172.01	66.44%	322,666.00	63.44%	m

TOTAL	374,029.00	96.65%	455,830.99	96.88%	477,847.01	96.74%	491,378.00	96.61%	m

EQUITY
ord cap, reserves	12,955.00	3.35%	14,666.00	3.12%	16,087.00	3.26%	17,249.00	3.39%	m
prefs, minorities	1.00	0.00%	1.00	0.00%	7.00	0.00%	18.00	0.00%	m

TOTAL	12,956.00	3.35%	14,667.00	3.12%	16,094.00	3.26%	17,267.00	3.39%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Prudential Cash Flow Statement

	31 Dec 2015 (GBP)	31 Dec 2016 (GBP)	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)
Operating CF	2,533.00	2,201.00	1,620.00	2,464.00	m
Pre-Financing CF	2,064.00	1,652.00	2,436.00	1,675.00	m
Retained CF	1,390.00	1,281.00	734.00	1,131.00	m

Prudential Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC